SOLD FOR $3,960,000
Listed at $4,000,000 · Sold 1.0% below asking · Closed January 15, 2015
538 Graham Avenue #*
MLS® #RLS10098794
Listing by New York Living Solutions
14
Bedrooms
8
Baths
7,838
Sq. Ft.
1920
Year Built
Quick Summary
Property Highlights
- Views: Park Greenbelt
- Style: Prewar architecture
- Character: Pre-war building (1920)
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Jun 6, 2014 | $4,000,000 | - |
| Currently | Jun 1, 2026 | $4,000,000 | - |
Description
Located two short blocks from McCarren Park on the border of Williamsburg and Greenpoint, this 4 story multifamily brick building is centrally located with close proximity to the G and L trains as well as the Brooklyn Queens Expressway. Being on the corner of Graham and Engert Avenue, each of the 8 fully occupied residences get great light from the buildings three exposures. All of the 7 free market units have been recently renovated with new kitchens, updated bathrooms, and recessed lighting. The building was converted to gas 5 years ago at the same time that the boilers were replaced. There are 3 one-bedroom units, 4 two-bedroom units, and 1 three-bedroom unit on the top floor which is rent stabilized. As demand continues to climb in the Williamsburg-Greenpoint neighborhood, free market rents can be raised upon lease renewal to match the rapidly appreciating market.
Showings by appointment only beginning Friday the 13th at 1pm!
Financials:
Expenses:
Taxes $ 11, 017.52
Insurance $ 4, 984.00
Heating $ 5, 361.00
Electric $ 756.00
Water/Sewage $ 5, 800.00
Total Annual Expenses: $27,918
Total Annual Income: $190,752
Net Operating Income: $162,834
Features & Amenities
Interior Features
About Greenpoint
View All Greenpoint ListingsGreenpoint is a neighborhood that perfectly balances its industrial heritage with a modern, creative spirit. Known for its stunning views of the Manhattan skyline and its rich industrial heritage, the area has become a premier destination for luxury living. The real estate landscape features a mix of historic multi-family homes, converted factory lofts, and a new wave of high-end glass towers along the East River waterfront.
Greenpoint Live Market Data
View NeighborhoodActive Listings
66
Median Asking Price
$1.90M
Median $/Sqft
$1,485
Avg Days on Market
N/A
New This Week
7
Price Reduced
21%
Sold (30 Days)
9
Median Sale Price
$1.07M
Live data from RLS at REBNY • Updated 6/1/26, 10:51 AM EST
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Location
538 Graham Avenue #*, Greenpoint, Kings County • Near Broome Street and Engert Avenue
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)
Want help estimating ownership costs or understanding building compliance? Let's discuss
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
This property has 14 bedrooms and 8 full bathrooms.
The listed interior living area is 7,838 square feet. Verify dimensions independently during due diligence.
According to MLS records, the building was constructed in 1920, making it approximately 106 years old.
Pet policy requires confirmation with the listing broker.
At the current list price of $4,000,000 for 7,838 sq ft, the asking price per square foot is approximately $510. This figure is for reference only and may differ from appraised or assessed values.
To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.
Have a question not answered here?
(917) 416-7433Listing Courtesy of New York Living Solutions - Ilan Bracha
Listing Contact: (212) 227-0021
Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.
Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.
RLS Data display by Keller Williams NYC. Data last updated on 6/1/2026 at 2:51 PM UTC